In-store retail, sustainability top technology trend in retail in 2023- Perfect Corp
As the retail industry continues to undergo a digital transformation, Perfect Corp has revealed the top six technology trends that will majorly influence the retail world in…
IMRG pessimistic on Black Friday spending season online
For the Black Friday period, it expects e-sales growth of just 2% or 3% “but with a very real possibility it could be flat”. And the researcher’s…
Designers Remix bans fur and leather
The label joins a slew of fashion brands ditching the material in favour of more ethical options, incuding Burberry, Gucci and Farfetch, alongside a ban from institutions…
Japan on brink of recession as economy contracts, virus heightens risk
Analysts say the widening fallout from the epidemic, which is damaging output and tourism, could have a significant impact on Japan if it’s not contained in coming…
Kanye West and Yeezy sued by Japanese textile firm Toki Sen-I
According to the complaint, filed in Los Angeles Superior Court, in June 2018 Yeezy contacted Toki Sen-I to discuss prices, volume and delivery time for an order…
John Lewis’s race to net zero is endorsed
The Partnership has become the first retailer in the UK to have its net-zero science-based targets validated by the respected Science Based Targets initiative (SBTi). The body…
Luxury watch thefts surge, impacts shopper confidence
With a 236% increase in the number of watches with unique serial numbers added to its global listing over the last 12 months, the watch crime prevention…
Most big users failing on cotton sustainability
Traditional farming of cotton, the second-biggest raw material for textile, makes heavy use of pesticides and water.Research by Rank a Brand showed 29 of the estimated 37…
German monthly retail sales drop for fourth month running
The volatile indicator, which is often subject to revision, showed retail sales decreased by 0.6 percent on the month in real terms, the Federal Statistics Office said.That…
Luxury industry- China reshuffles the deck
The Chinese government’s announcement of a national wealth redistribution plan sparked grave concerns. Fearing a rise in income tax for the wealthiest Chinese, the world’s pre-eminent luxury…